Topic: Who can destroy Bitcoin ? - page 17. (Read 21748 times)
I think the main threat to Bitcoin is governments around the world
bitcoin is unbeatable to me.as bitcoin runs without the touch of any third party organization,it takes less fee to for transaction.In addition,its value is increasing day by day.people are engaging themselves into the bitcoin community and they are getting profit as well.
Nothing can destroy bitcoin, because I see bitcoin is now a need many people to increase their income.
From my point of view,only ETH can give good competition to bitcoin in future.
I do not think bitcoin will suffer destruction because over time more and more people are using bitcoin to perform various transactions or just investment. only one thing can destroy the bitcoin ie the internet. bitcoin will be destroyed if the internet can no longer be accessed and it will be impossible.
I think for now this bitcoin is not a problem to be a disadvantage. Because the bitcoin is the most profitable and also have the best future. And keep in mind, the internet will not be lost or destroyed. Because basically bitcoin is a digital currency is best, and it's certainly the internet will always be a place to update and expand. So don't ever minded bitcoin will crumble when the internet is lost, because surely the internet will never be lost. Continue working and never surrender to face everything.
I still think that bitcoin is destroyable just see after the ban of China bitcoin did drop a lot. It dropped not 200 dollars but it dropped 3k. This damage was a lot.
Just think what if a few countries were to ban Bitcoin or even China bitcoin would destroyed.
No one can destroy bitcoin is not only crypto currency bitcoin is base of crypto currency 100% crypto currency lovers loves bitcoin also may be bitcoin value going up and down but no one can destroy bitcoin.
I do not think bitcoin will suffer destruction because over time more and more people are using bitcoin to perform various transactions or just investment. only one thing can destroy the bitcoin ie the internet. bitcoin will be destroyed if the internet can no longer be accessed and it will be impossible.
I think for now this bitcoin is not a problem to be a disadvantage. Because the bitcoin is the most profitable and also have the best future. And keep in mind, the internet will not be lost or destroyed. Because basically bitcoin is a digital currency is best, and it's certainly the internet will always be a place to update and expand. So don't ever minded bitcoin will crumble when the internet is lost, because surely the internet will never be lost. Continue working and never surrender to face everything.
I read half of the comments. And they are all true. Starting from electricity and the Internet, ending with the consumer, the buyer. All these factors can affect the cost reduction bitcoin. A large volume of sales and complete indifference to the currency as such.
But the next two years, we will not be affected by these problems, I guess.
Two factors that are needed bitcoin ie electricity and internet. However, for the electrical factor may not have an impact because I believe that electricity is very needed today if there is a power outage we also will not worry because there is much alternative energy that can generate electricity and for the second factor that is the internet, this factor we should worry about because at any time the whole country could have blocked all internet access about blockchain. But the next two years, we will not be affected by these problems, I guess.
I read half of the comments. And they are all true. Starting from electricity and the Internet, ending with the consumer, the buyer. All these factors can affect the cost reduction bitcoin. A large volume of sales and complete indifference to the currency as such.
But the next two years, we will not be affected by these problems, I guess.
But the next two years, we will not be affected by these problems, I guess.
Bitcoin is growing very powerfully but in this present scenario which factors can destroy or make its market value Zero.
i think what can destroy bitcoin is government if we are talking about in a certain country. Like what happened to China, bitcoin was totally banned by the government because the central bank of china does not have any control to bitcoin so they want to regain their power of control. If all other countries also ban bitcoin like China, it may be the end of bitcoin. Another factor may be internet, because no internet, no bitcoin. It will not be destroyed but it will be unusable because it is a digital cryptocurrency so it operates with the use of technology especially with the use of internet. If there is a total break down on the internet around the world, if that's possible, bitcoin will be unusable.Bitcoin is growing very powerfully but in this present scenario which factors can destroy or make its market value Zero.
i think what can destroy bitcoin is government if we are talking about in a certain country. Like what happened to China, bitcoin was totally banned by the government because the central bank of china does not have any control to bitcoin so they want to regain their power of control. If all other countries also ban bitcoin like China, it may be the end of bitcoin. Another factor may be internet, because no internet, no bitcoin. It will not be destroyed but it will be unusable because it is a digital cryptocurrency so it operates with the use of technology especially with the use of internet. If there is a total break down on the internet around the world, if that's possible, bitcoin will be unusable.
It is almost impossible to destroy anything that is anonymous and decentralised.Bitcoin is that kind of stuffs.Several steps were taken to destroy it before but that hasn't happened.Instead the value of bitcoin has increased a lot.
Shutdown electricity 
thats what...
thats what...
Massive DOS attack which completely takes out all miners. By breaking the cryptography behind the Proof of Work algorithm. It’s a mathematically sound approach, as it’s mathematically possible but just very, very, very hard. One could also potentially “destroy” coins by sending them to an address that has no private key, or to simply send it to yourself and erase all copies of your own private key.
World Wide shutdown of internet like what happened in the movie Transcendence? Destroying the bitcoin during World War will be unlikely. I think countries will try to take control of it but it will never shutdown. A massive attack on private keys will not be enough.
To be exact, the answer is:
Blockstream.
It is a company which is controlling the majority of the bitcoin "core" developers.
They managed to hijack BTC and move it towards total centralization, with the lightning network.
It will be the end of the peoples project. Do your homework.
Blockstream.
It is a company which is controlling the majority of the bitcoin "core" developers.
They managed to hijack BTC and move it towards total centralization, with the lightning network.
It will be the end of the peoples project. Do your homework.
until now nobody can destroy bitcoin, even bitcoin growing, to issue rank in crypto he number 1 or can be said bitcoin is his mother crypto. but the view on the ETH that ETH might someday be able to defeat bitcoin
No one can destroy bitcoin. Bitcoin is not a bubble - it needs to be understood. I think that in a few years bitcoin will become as popular as centralized currency.
bitcoin names only damage the scammers in the field of bitcoin because they just start to trust bitcoin because of their scam activities so everyone who trusts bitcoin think that bitcoin is also scam with possitive and profit-making benefits always support bitcoin to make it even more so and do not even add to the problem of bitcoin damage.
until now nobody can destroy bitcoin, even bitcoin growing, to issue rank in crypto he number 1 or can be said bitcoin is his mother crypto. but the view on the ETH that ETH might someday be able to defeat bitcoin
I don't think anyone can.
Jump to: